Amount and Terms of Commitments Sample Clauses
Amount and Terms of Commitments. 2.1 [Reserved].
2.2 [Reserved].
2.3 [Reserved].
Amount and Terms of Commitments. 2.1 Term Commitments and LC/MD Commitments.
(a) Subject to the terms and conditions hereof, (i) each Tranche A Term Lender severally agrees to make a term loan (a "Tranche A Term Loan") to the Borrower on the Closing Date in an amount not to exceed the amount of the Tranche A Term Commitment of such Lender, (ii) each Tranche B Term Lender severally agrees to make a term loan (a "Tranche B Term Loan") to the Borrower on the Closing Date in an amount not to exceed the amount of the Tranche B Term Commitment of such Lender and (iii) each Tranche C Term Lender severally agrees to make a term loan (a "Tranche C Term Loan") to the Borrower on the Closing Date in an amount not to exceed the amount of the Tranche C Term Commitment of such Lender
(b) Subject to the terms and conditions hereof, each LC/MD Lender severally agrees to make LC/MD Reimbursement Loans upon the occurrence of any drawing under the NJ Letter of Credit to the extent contemplated by Section 3.5 in an aggregate amount not to exceed the amount of the LC/MD LC Commitment of such Lender. In addition, after the date (the "NJ LC Termination Date") on which the NJ Letter of Credit has expired or otherwise been terminated or on which the full amount available thereunder has been drawn, subject to the terms and conditions hereof, each LC/MD Lender severally agrees to make term loans ("LC/MD Term Loans") to the Borrower from time to time to the extent, but only to the extent, of any remaining LC/MD Term Commitment of such Lender as in effect immediately prior to the making of the relevant LC/MD Term Loan. The obligation of the LC/MD Lenders to make LC/MD Term Loans shall terminate on the date (the "LC/MD Scheduled Termination Date") that is the earlier of (i) the later of (x) September 30, 2000 and (y) the date that is 90 days after the NJ LC Termination Date and (ii) March 30, 2004. The LC/MD LC Commitments shall automatically be permanently reduced by the principal amount of any LC/MD Reimbursement Loans created hereunder. The LC/MD LC Commitments shall terminate on the NJ LC Termination Date. The LC/MD Term Commitments shall automatically be permanently reduced by the principal amount of any LC/MD Reimbursement Loans or LC/MD Term Loans borrowed hereunder. The LC/MD Term Commitments shall terminate on the LC/MD Scheduled Termination Date.
(c) The Term Loans may from time to time be Eurodollar Loans or ABR Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with...
Amount and Terms of Commitments. 13 2.1 Purchases..........................................................13 2.2 Reductions and Extensions of Commitments...........................16 2.3 Interest, Fees, Expenses, Payments, Etc............................17 2.4
Amount and Terms of Commitments. (a) Subject to the terms and conditions set forth in this Agreement, each Lender severally agrees to make, Convert and Continue Loans in Dollars until, but not including, the Maturity Date in such amounts as Borrower may from time to time request; provided, however, that (i) the Outstanding Obligations of each Lender shall not exceed such Lender's Commitment at any time, and (ii) the Outstanding Obligations of all Lenders shall not exceed the combined Commitments at any time. This is a revolving credit and, subject to the foregoing and the other terms and conditions hereof (including Section 2.10(d)), Borrower may borrow, Convert, Continue, prepay and reborrow Loans as set forth herein without premium or penalty.
(b) Upon the request of any Lender made through Administrative Agent, a Lender's Loans may be evidenced by a Note, instead of or in addition to its loan accounts or records. Each such Lender may attach schedules to its Note and endorse thereon the date, amount and maturity of its Loans and payments with respect thereto. Any failure so to record or any error in doing so shall not, however, limit or otherwise affect the obligation of Borrower to pay any amount owing with respect to the Obligations.
(i) Administrative Agent shall maintain, at Administrative Agent's Office, a register for the recordation of the names and addresses of Lenders and the Commitments and Extensions of Credit of each Lender from time to time (the "Register"). The Register shall be available for inspection by Borrower or any Lender at any reasonable time and from time to time upon reasonable prior notice. Administrative Agent shall maintain the Register, acting, solely for this administrative purpose only, as agent for Borrower (it being acknowledged and agreed that Administrative Agent and each Administrative Agent-Related Person, in such capacity, shall constitute Indemnitees under Section 10.13).
(ii) Administrative Agent shall record in the Register the Commitment and Extensions of Credit from time to time of each Lender, and each repayment or prepayment in respect thereof. Any recordation shall be conclusive and binding on Borrower and each Lender, absent manifest error; provided, however, that the failure to make any such recordation, or any error in such recordation, shall not affect any Lender's Commitment or Outstanding Obligations.
(iii) Each Lender shall record on its internal loan accounts or records (and may record on the Note held by such Lender) the amount of e...
Amount and Terms of Commitments. 34 2.1 Revolving Credit Commitments....................................................... 34 2.2 Revolving Credit Notes............................................................. 35 2.3 Procedure for Revolving Credit Borrowing........................................... 35 2.4 Commitment Fees; Administrative Fee.............................................
Amount and Terms of Commitments. 2.1 Term Loan Commitments. Subject to the terms and conditions hereof, the Tranche B Term Loan Lenders severally agree to make term loans (each, a "Tranche B Term Loan") to the Borrower on the Closing Date in an amount for each Tranche B Term Loan Lender not to exceed the amount of the Tranche B Term Loan Commitment of such Lender. The Tranche B Term Loans may from time to time be Eurodollar Loans or Base Rate Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 2.2 and 2.12.
Amount and Terms of Commitments. 2.1 Term Loan Commitments; Revolving Credit commitments.
(a) Subject to the terms and conditions hereof, each Term Loan Lender severally agrees to make a term loan (a "Term Loan") to the Borrower on the Closing Date in an amount not to exceed the amount of the Term Loan Commitment of such Lender. The Term Loans may from time to time be Eurodollar Loans or Base Rate Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 2.2 and 2.8.
(b) Subject to the terms and conditions hereof, each Revolving Credit Lender severally agrees to make revolving credit loans ("Revolving Credit Loans") to the Borrower from time to time during the Revolving Credit Commitment Period in an aggregate principal amount at any one time outstanding which does not exceed the amount of such Lender's Revolving Credit Commitment. During the Revolving Credit Commitment Period the Borrower may use the Revolving Credit Commitments by borrowing, prepaying the Revolving Credit Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Credit Loans may from time to time be Eurodollar Loans or Base Rate Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 2.5 and 2.8, provided that no Revolving Credit Loan shall be made as a Eurodollar Loan after the day that is one month prior to the Revolving Credit Termination Date.
Amount and Terms of Commitments. 23 SECTION 2.1 Term Loan Commitments.................................................................... 23 SECTION 2.2 Procedure for Term Loan Borrowing........................................................ 23 SECTION 2.3
Amount and Terms of Commitments. 2.1 Tranche A Commitments and Tranche A Notes.
(a) Subject to and in reliance upon the terms, conditions, representations and warranties contained in the Loan Documents, each Lender severally agrees to make Loans under its Available Tranche A Commitment to the Borrower from time to time until the Termination Date ("Tranche A Loans"), provided that in no event shall the Aggregate Outstandings of Tranche A Credit of any Lender at any time exceed such Lender's Tranche A Commitment. Until the Termination Date, the Borrower may use the Available Tranche A Commitments by borrowing, prepaying the Tranche A Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof.
(b) The Tranche A Loans may from time to time be (i) Eurodollar Loans, (ii) ABR Loans or (iii) a combination thereof, as determined by the Borrower and notified to the Agent in accordance with Sections 2.3 and 4.5, provided that no Tranche A Loan shall be made as a Eurodollar Loan after the day that is one month prior to the Termination Date.
(c) In order to evidence the Tranche A Loans, the Borrower will execute and deliver to each Lender a promissory note substantially in the form of Exhibit H-1, with appropriate insertions as to payee, date and principal amount (each, as amended, supplemented, replaced or otherwise modified from time to time, a "Tranche A Note"), payable to the order of each Lender and in a principal amount equal to each such Lender's Tranche A Commitment. Each Tranche A Note shall (x) be dated the Effective Date or the date of any reissuance of such Tranche A Note, (y) be stated to mature on the Termination Date and (z) provide for the payment of interest in accordance with Section 4.1.
Amount and Terms of Commitments. 3234 2.1...... Commitments..................................................................…........................ 3234